Cheap Homes for Rent in Alameda Neighborhood of Tempe, AZ from $500 (110 Rentals)

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Search the lowest-cost Homes available for rent right now in the Alameda area of Tempe.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 615 S Hardy Dr

$1,116

1 Bedroom, 1 Bath Condo for Rent

Available Now

615 S Hardy Dr

TempeAZ85281

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 445 S Dobson Rd

$1,123

1 Bedroom, 1 Bath Condo for Rent

Available Now

445 S Dobson Rd

MesaAZ85202

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 615 S Hardy Dr

$1,310

2 Bedroom, 1 Bath Condo for Rent

Available Now

615 S Hardy Dr

TempeAZ85281

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 949 S Longmore

$1,390

1 Bedroom, 1 Bath Condo for Rent

Available Now

949 S Longmore

MesaAZ85202

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Alameda, Tempe, AZ Local Guide

Cheapest Available Alameda Apartments for Rent

 

The cheapest available apartment rental in the Alameda area of Tempe, AZ is a 4 Beds unit found at SoL priced from $760. Sentry Tempe has the second lowest priced unit, which is a Studio apartment currently listed from $822. Here are the most affordable Alameda apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
SoL4BR/4BA - Silver4BR,4BA$760
Sentry TempeKonaStudio,1BA$822
The Atrium1x11BR,1BA$850
Villatree ApartmentsStudioStudio,1BA$867
The Link ApartmentsStudio - ClassicStudio,1BA$894
The Willowbrook Apartments1 Beds, 1 Baths1BR,1BA$895
Studio 710 ApartmentsSmall StudioStudio,1BA$899
WaterstoneStudio S1-380Studio,1BA$909
Avana TempeStudio - ClassicStudio,1BA$942
District at Fiesta ParkA1 - 1 Bed | 1 Bath1BR,1BA$942

Best Value Apartments for Rent in Alameda, AZ

As of January 30, 2026 the best value apartment in the Alameda area is the $0.53 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $999. The second greatest value Alameda apartment is the D1 PHPV Model at Nine20 Tempe starting at $1,079 with a $0.74 price per square foot in the Downtown Tempe neighborhood. Here is today’s list of the best values for Alameda apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.53
Nine20 TempeD1 PHPV4BR,4BA$0.74
AgaveSaguaro3BR,2BA$1.35
TalaveraCatalina2BR,2BA$1.34
Vista ValleyB12BR,2BA$1.33
Luna Bear 5th StreetB12BR,2BA$1.37
Butterfield ParkTwo Bedroom Two Bathroom2BR,2BA$1.26
Sago GardensSingle Story2BR,1BA$1.24
University ParkTwo Bedroom Two Bathroom Ensuite2BR,2BA$1.25
The Willowbrook Apartments1 Beds, 1 Baths1BR,1BA$1.38

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Alameda, Tempe, AZ

Ranked #1

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Alameda, Tempe, AZ

School data provided by Great Schools

Frequently Asked Questions about Alameda

What type of rentals are currently available in Alameda?

There are currently 451 Apartments for Rent in Alameda, AZ with pricing that ranges from $599 to $15,000. There are also 383 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alameda ranging from $599 to $7,500.

What is the current price range for Rental Homes in Alameda?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alameda ranges from $599 to $7,500 with an average monthly rent of $3,052.

How much are larger Three and Four Bedroom Rentals in Alameda?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alameda range from $775 to $5,479, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,399 to $6,495. Four Bedroom Single-Family rentals are also available starting from $725 and Four Bedroom Apartments start at $695.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.